BAM Abbreviated Annual Report 2011 - Siteseeing in the world of ...

More documents

Recommendations

Info

108 2011 Consolidated cash flow statement (x € 1,000) The notes on pages 109 to 176 are an integral part of these consolidated financial statements. 2011 2010 Net result for the year 127,727 18,366 Adjustments for: 29 - Taxation 30,966 7,589 8,26 - Depreciation of property, plant and equipment 94,920 97,324 9 - Amortisation of intangible assets 11,096 10,947 8,26 - Impairment of property, plant and equipment - 884 11,12,26- Impairment of other fixed assets - 5,112 35 - Result on sale PPP projects (11,669) - - Result on sale of property, plant and equipment (4,325) (2,573) 28 - Finance income (72,801) (87,155) 28 - Finance expense 99,144 64,623 11 - Result from associates (34,376) (33,719) 21,22 Changes in provisions (40,242) (69,159) Changes in working capital (excluding net liquidities) (90,927) 137,042 Cashflow from operations 109,513 149,281 Interest paid (130,007) (101,342) Income tax paid (13,458) (3,452) Net cashflow from ordinary activities (33,952) 44,487 10 Change in PPP receivables (419,002) (250,080) Net cash flow from operating activities (452,954) (205,593) Acquisition of subsidiaries (3,000) (4,628) 8 Investments in property, plant and equipment (70,171) (80,538) 9 Investments in intangible assets (2,838) (35,939) 12 Investments in non-current receivables (26,654) (10,664) 11,12 Investments in other financial fixed assets (218) (3,538) 35 Divestments of PPP projects 25,429 - 8 Divestments in property, plant and equipment 17,251 14,615 9 Divestments in intangible assets 154 11 10,11,12Divestments in financial assets 218,550 35,323 Other movements in minority interest - (2,570) Interest received 72,903 86,761 11 Dividend received 41,788 16,291 Net cash flow from investing activities 273,194 15,124 16 Net proceeds from issue new shares - 240,087 19 New non current borrowings 637,673 503,287 19 Repayment of non current borrowings (346,511) (353,550) 31 Dividend paid (3,312) (13,520) Dividend paid to non-controlling interests (2,015) (344) Purchase finance preference shares (314) - Net cash flow from financing activities 285,521 375,960 Increase/decrease in net cash position 105,761 185,491 15 Net cash position at beginning of the year 912,870 715,152 35 Movement net liquidities assets and liabilities held for sale (17,165) - Exchange rate difference on net cash position 6,539 12,227 15 Net cash position at end of the year 1,008,005 912,870
Company balance sheet at 31 December (before profit appropriation x €1,000) Company income statement (x €1,000) 2011 2010 2 Tangible assets 21,879 23,485 3 Intangible assets 576,500 461,765 4 Financial assets 1,819,398 2,102,911 5 Deferred tax assets 101,943 68,559 Non-current assets 2,519,720 2,656,720 6 Receivables 23,149 15,940 7 Cash and cash equivalents 397,352 208,158 Current assets 420,501 224,098 Total assets 2,940,221 2,880,818 Issued and paid up capital 23,294 23,177 Share premium reserve 691,400 686,242 Reserve pursuant to Articles of Association - 47 Exchange rate differences / Hedging reserve (258,539) (196,916) Other legal reserves - 94,185 Other reserves 580,258 477,880 Net result for the year 125,995 15,326 8 Shareholders equity 1,162,408 1,099,941 Employee benefit obligations 5,930 3,896 Provisions 15,000 - 9 Provisions 20,930 3,896 Borrowings 569,320 569,197 10 Non-current liabilities 569,320 569,197 Borrowings 5,412 2,735 Other current liabilities 1,182,151 1,205,049 11 Current liabilities 1,187,563 1,207,784 Total equity and liabilities 2,940,221 2,880,818 2011 2010 Result of participating interests after tax 159,358 33,851 Other income and expense after tax (33,363) (18,525) Net result for the year 125,995 15,326 109 2011
Page 1 and 2:
2011 Abbreviated Annual Report
Page 3 and 4:
Key figures (in €million, unless
Page 5 and 6:
Foreword Royal BAM Group nv hereby
Page 7 and 8:
Outlook Royal BAM Group started 201
Page 9 and 10:
Construction and mechanical and ele
Page 11 and 12:
Better results are generally accomp
Page 13 and 14:
2. Optimum exploitation of strength
Page 15 and 16:
24 22 20 18 16 14 12 10 8 6 4 2 0 S
Page 17 and 18:
Dividend policy Dividend policy and
Page 19 and 20:
Report by the Supervisory Board to
Page 21 and 22:
Fotobijschrift: 19 2011
Page 23 and 24:
eported in each case on the state o
Page 25 and 26:
Multipurpose complex for care and s
Page 27 and 28:
and reported to the Supervisory Boa
Page 29 and 30:
27 2011
Page 31 and 32:
to the financial objectives (maximu
Page 33 and 34:
The variable remuneration actually
Page 35 and 36:
The graduated scale shown below app
Page 37 and 38:
The company has no other remunerati
Page 39 and 40:
C.M.C. Mahieu (1959) Ms Mahieu grad
Page 41 and 42:
Financial results Report by the Exe
Page 43 and 44:
Result per ordinary share The numbe
Page 45 and 46:
Oman Botanical Garden, Muscat. BAM
Page 47 and 48:
of €16 million and a super divide
Page 49 and 50:
financial year and the subsequent f
Page 51 and 52:
manner with regard to the other mem
Page 53 and 54:
Sporen in Arnhem: modernisation and
Page 55 and 56:
Approximately 130 metres-high ‘De
Page 57 and 58:
Netherlands with a remaining term m
Page 59 and 60: N218 Hartel canal cycle bridge (600
Page 61 and 62: On the one hand, the operating comp
Page 63 and 64: ensure that it consistently and eff
Page 65 and 66: carrying out this project but was n
Page 67 and 68: Corporate Social Responsibility Pol
Page 69 and 70: Green walls and roofs of the BSH In
Page 71 and 72: Worker participation European Works
Page 73 and 74: y 7.7 percent in 2012. On the other
Page 75 and 76: Royal BAM Group is active in the co
Page 77 and 78: 18 homes in the Elzenhagen neighbou
Page 79 and 80: The company continued to perform st
Page 81 and 82: Four school buildings for Alfons Ke
Page 83 and 84: Royal BAM Group operates in the Dut
Page 85 and 86: Underground high-voltage link for t
Page 87 and 88: Design of quay wall and mooring jet
Page 89 and 90: Renovation and expansion of Tottenh
Page 91 and 92: Silberberg Railway Tunnel (7.4 kilo
Page 93 and 94: Laela-Sumbawanga road improvement p
Page 95 and 96: The Dutch property activities recor
Page 97 and 98: Redevelopment of a former domestic
Page 99 and 100: 97 2011
Page 101 and 102: BAM PPP is responsible for Royal BA
Page 103 and 104: Tebodin Consultants & Engineers is
Page 105 and 106: Financial statements 2011 104 Conso
Page 107 and 108: Consolidated income statement (x
Page 109: Consolidated statement of equity (x
Page 113 and 114: The Supervisory Board shall determi
Page 115 and 116: 113 2011
Page 117 and 118: Royal BAM Group nv Royal BAM Group
Page 119 and 120: 2006 2005 2004 2003 1 2002 IFRS IFR
Page 121 and 122: 119 2011
Page 124: Royal BAM Group nv Runnenburg 9 398
show all

BAM Abbreviated Annual Report 2011 - Siteseeing in the world of ...

Create successful ePaper yourself

Delete template?

Save as template?